FDRs new deal essays

FDRs new deal essays When President took office in March of 1932 he had an idea of a plan, which would have to develop over time, which was the New Deal for the American People. He believed that if this plan went through, it would solve the problem of the Great Depression and restore the American economy. President Roosevelts New Deal that took time to develop included programs that would help the unemployed get jobs, social security issues such as welfare, and housing and agricultural recovery. Roosevelt also included programs to help the banking system. President Roosevelts New Deal failed to restore the economy as Roosevelt had hoped it would, but in turn it helped the people that suffered the most from the Great Depression by giving the hope and confidence they needed. President Roosevelt was by far the most active president we have had, even though little progress was made. His first accomplishment when he took office was restoring the confidence people had lost in the banking system. He did not solve the problems of the banking system, but he did come up with the Emergency Banking Relief Act of 1933. This act gave power to the government to control some of the banking systems and also allowed them to re-open financially secure banks. The Glass-Stbagall Banking Reform Act, which forbade banks to invest customers money into the stock market. President Roosevelt also tried to better the economy by causing inflation. Inflation would cause an increase in prices and businesses would make more profit and the economy would boom. The new production caused an increase in the need of workers, thus causing the unemployment rate to decrease. One way the New Deal was able to give jobs to the jobless was via the Civilian Conservation Corps. This program gave jobs to civilians between the ages of eighteen and twenty-five; they were planting trees, building dams, and stopping the erosion of the soil. ...